The Channel Islands Treasurers Association (CITA) has appointed its first officers and adopted its constitution following its first general meeting.
The association, founded earlier this year, aims to bring together companies and individuals involved in treasury functions, such as managing or advising clients on cash matters or safeguarding client money.
The new officers include:
• President – Jeremiah O’Keeffe, CEO, JCAP Treasury Services
• Vice President – Niall Husbands, Director, Intertrust
• Treasurer – Jamie McIntosh, Head of Treasury Services, Link Asset Services
Initial areas of focus for the organisation include the impact of EU Directives on the Channel Islands, the implementation of Prudential Regulation Authority (PRA) ring-fencing rules for UK banks, and the risk appetite of local banks.
The CITA will also be responsible for liaising with regulators, public authorities and other related professional organisations within the islands.
The group has established a LinkedIn page for members to share information and discuss industry developments. It will meet quarterly, with the next meeting focusing on the impact of PRA ring-fencing on UK banks with a presence in Jersey and Guernsey.
• Anyone interested in becoming a member should contact jeremiah.okeeffe@jcap.co.uk or follow the LinkedIn page
Pictured: (l-r) Jeremiah O’Keeffe, Jamie McIntosh and Niall Husbands